Network Infrastructure - Turkey

  • Turkey
  • Revenue in the Network Infrastructure market is projected to reach US$1.56bn in 2024.
  • Service Provider Network Infrastructure dominates the market with a projected market volume of US$1.13bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 4.78%, resulting in a market volume of US$1.97bn by 2029.
  • The average Spend per Employee in the Network Infrastructure market is projected to reach US$43.11 in 2024.
  • In global comparison, most revenue will be generated in China (US$63,560m in 2024).

Key regions: India, China, Brazil, Indonesia, Japan

 
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Analyst Opinion

The Network Infrastructure market in Turkey is experiencing significant growth and development.

Customer preferences:
Customers in Turkey are increasingly demanding high-speed and reliable network infrastructure to support their digital needs. With the rise of e-commerce, remote working, and online entertainment, there is a growing need for robust network systems that can handle large volumes of data traffic efficiently.

Trends in the market:
One notable trend in the Network Infrastructure market in Turkey is the increasing adoption of 5G technology. As mobile data usage continues to surge, telecom companies are investing in upgrading their networks to 5G to provide faster and more stable connections. This trend is driven by the growing demand for seamless connectivity and the emergence of new technologies such as Internet of Things (IoT) and artificial intelligence.

Local special circumstances:
Turkey's strategic location as a bridge between Europe and Asia makes it a key player in the global network infrastructure market. The country serves as a crucial hub for data traffic, connecting various regions and enabling seamless communication. This unique position has attracted investments from international companies looking to establish a presence in the region, further driving the growth of the Network Infrastructure market in Turkey.

Underlying macroeconomic factors:
The Turkish government's initiatives to promote digital transformation and improve connectivity across the country are fueling the growth of the Network Infrastructure market. Investments in infrastructure projects, including fiber optic networks and data centers, are creating opportunities for network infrastructure providers to expand their operations and meet the increasing demand for advanced networking solutions. Additionally, the growing population and rising disposable incomes in Turkey are driving the adoption of digital services, further boosting the demand for reliable network infrastructure.

Methodology

Data coverage:

The data encompasses B2B enterprises. Figures are based on hardware-related expenses of businesses for setting up and maintaining an IT infrastructure.

Modeling approach / Market size:

Market sizes are determined through a top-down approach, building on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial reports and national statistical offices. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP and level of digitization. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques, such as exponential trend smoothing and the S-curve function, is based on the behavior of the relevant market.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic and the Russia-Ukraine war is considered at a country-specific level.

Overview

  • Revenue
  • Key Players
  • Analyst Opinion
  • Global Comparison
  • Methodology
  • Key Market Indicators
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